First Tellurium Corp · CSE:FTEL
First Tellurium — Investor Presentation (May 2026)
25 slides from First Tellurium's investor presentation, May 2026
Slide 1: Investor Presentation
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F Investor Presentation CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F May 2026 1 WWW.FIRSTTELLURIUM.COM
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT The information provided in this presentation is not intended to concerning mineral resource estimates may also constitute related to the business being subject to environmental laws a be a comprehensive review of all matters and developments forward looking statements to t
Slide 3: We Are Unique
WE ARE UNIQUE CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F Tellurium-Based Technology, Exploration and Sourcing Developing advanced, tellurium-based thermoelectric generator with capabilities far exceeding current industry standards Only Te-focused company in the world Deer Horn Property, BC – 17.5 sq
Slide 4: Why Tellurium? Vital for Energy & Technology
WHY TELLURIUM? VITAL FOR CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F ENERGY & TECHNOLOGY Thermoelectric Products 30%* Other, incl. cleantech 15%** Solar Cells 40% Metallurgy 15% Te is listed as a Critical Mineral in the U.S., Canada, Australia and other countries. *Thermoelectric Products - Te is the
Slide 5: Energy Beyond Sunlight
ENERGY BEYOND SUNLIGHT Owned 85% by First Tellurium 5 CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F
Slide 6: PyroDelta and First Tellurium Developing New Thermoelectric Device
PYRODELTA AND FIRST CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F TELLURIUM DEVELOPING NEW THERMOELECTRIC DEVICE Patents filed for revolutionary and disruptive tellurium- based thermoelectric generator Robust construction, light weight & low manufacturing costs Withstands temperature extremes far beyond
Slide 7: Proprietary Manufacturing Process = Unbeatable Cost Advantage
PROPRIETARY MANUFACTURING PROCESS = UNBEATABLE COST ADVANTAGE “Capillary Casting” builds modules for lower cost than any competitor worldwide Far more robust and resilient than current devices Favorable patentability assessment from the World Intellectual Property Organization (WIPO) Will use WIPO a
Slide 8: Large Scale Markets for PyroDelta Thermoelectric Devices
LARGE SCALE MARKETS FOR CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F PYRODELTA THERM0ELECTRIC DEVICES Large Payload Drones - for industrial and defense applications AI/Crypto Data Centers - provides clean, supplemental power Robotics - can power onboard electronics Solar Power - can make panels far mor
Slide 9: A Revolution in Clean Energy Generation
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F A REVOLUTION IN CLEAN ENERGY GENERATION Flat and tubular configurations generate power from a growing list of industries and uses 9
Slide 10: Thermoelectric Tube
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F THERMOELECTRIC TUBE Only configuration of its kind in the world, which opens up vast markets that conventional thermoelectrics have not been able to access. Solid-State Energy Conversion: no moving parts = zero mainte- nance, silent operation, long lifespan
Slide 11: Powering Drones for Industrial and Defense Applications
POWERING DRONES FOR INDUSTRIAL AND DEFENSE APPLICATIONS CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F Flat configuration uses heat differentials to charge batteries that power all onboard electronics Replaces heavy magneto assemblies which put significant drain on the engine the same way an alternator d
Slide 12: The $6.5 Million Drone Race
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F THE $6.5 MILLION DRONE RACE PyroDelta and the DARPA Lift Challenge PyroDelta is competing in the inaugural DARPA Lift Challenge, a U.S. Department of Defense competition designed to unleash a new generation of ultra capable drones. Incorporating a revolution
Slide 13: Clean, Renewable Power for AI and Crypto Mining Data Centers
CLEAN, RENEWABLE POWER FOR AI AND CRYPTO MINING DATA CENTERS Recovers waste heat from data centers, converts to usable power Essentially same principle as automobile radiator/generator 13 CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F
Slide 14: Unprecedented Growth in AI Data Centers
UNPRECEDENTED GROWTH CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F IN AI DATA CENTERS: Driven by increasing demand for artificial intelligence, cloud computing, big data processing Current recoverable waste heat estimated at 1 TWh, equivalent to heating requirements for 100,000 housing units By 2030, re
Slide 15: Crypto Mining: Massive Heat Generation/Energy Consumption
CRYPTO MINING: MASSIVE HEAT GENERATION/ENERGY CONSUMPTION PyroDelta Radiator/Generator recovers waste heat and generates usable power Bitcoin alone dwarfs AI, consuming approx 178 terawatt-hours (TWh) annually Comparable to energy usage of mid-sized countries like Argentina Requires extensive coolin
Slide 16: Thermoelectric Modules for Robotics
THERMOELECTRIC MODULES FOR ROBOTICS Under development by PyroDelta Head Engineer Michael Abdelmaseh Former engineer in Toyota’s Robotics & Automation Division. Also designed automated robotic EV plants for General Motors. Modules provide precise, solid-state cooling for sensitive electronics on robo
Slide 17: Thermoelectric Generator for Automobiles
THERMOELECTRIC GENERATOR CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F FOR AUTOMOBILES Designed to replace alternators in combustion engines, significantly increasing fuel efficiency Uses heat differential from radiator and air circulation to power all electric devices in a car Can also help electric ve
Slide 18: Locking in Domestic Supplies of High-Purity Tellurium
Locking in Domestic Supplies of CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F High-Purity Tellurium and Other Critical Minerals for Manufacturing Supply agreement with Fenix Advanced Materials announced Oct 23, 2025 Tellurium and antimony are key components of PyroDelta’s modules Fenix, based in Trail,
Slide 19: Presentation Videos
19 CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F PRESENTATION VIDEOS
Slide 20: Mineral Property: Deer Horn Property
MINERAL PROPERTY CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F DEER HORN PROPERTY Au-Ag-Te + Cu Porphyry 20
Slide 21: Deer Horn Property Highlights
DEER HORN CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F Houston PROPERTY HIGHLIGHTS Burns Lake 5,133 ha (51.33 sq km) located 36km south of the prolific Huckleberry Cu-Mo mine One of few significant tellurium discoveries outside of Asia 17.5 sq km mineralized zone with a growing copper porphyry and Huck
Slide 22: Deer Horn Property Copper Porphyry
DEER HORN PROPERTY CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F COPPER PORPHYRY Rock sampling in September 2023 encountered significant amounts of bornite, an ore of copper and an indicator of strong copper and gold enrichment. Drilling will test the porphyry zone at depth. Rock samples produced result
Slide 23: CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F “In porphyry zones such as these, bornite can be an indicator of strong copper and gold enrichment.” - Dr. Lee Groat, FTEL QP and Consultant 24
Slide 24: Key Management & Directors
KEY MANAGEMENT & DIRECTORS Tyrone Docherty - President & CEO Former President & CEO of Quinto Mining Inc., which was sold to Consolidated Thompson Iron Mines in June 2008 for a share value equal to $175M (starting from $4M). Consolidated Thompson eventually sold to Cliffs Resources for $4.9B, equall
Slide 25: CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F
CSE: FTEL | OTC: FSTTF | Frankfurt: G1J.F Tyrone Docherty Head Office President & CEO Suite 381 - 1440 Garden Place Tel. +1 (604) 916-7259 Delta, BC V4M 3Z2 tyrone@firsttellurium.com Tel. +1 (604) 916-7259 21